Business & Economy - Page 9

By Etim Etim When we were in secondary school, Prof. Chike Edozien Obi was a renowned mathematician, reputed to be the first Nigerian to hold a doctorate in mathematics. Awarded Ph.D in 1950 by the University of Cambridge for his thesis titled

The Nigerian National Petroleum Company Limited (NNPC Ltd) has defended the performance of its Group Chief Executive Officer, Engr. Bayo Ojulari, pointing to sustained increases in crude oil and natural gas production as proof of effective leadership. ​Issuing a formal communication on

Minister says advertising now shapes culture, democracy and economic growth as ARCON calls for a new regulatory compact built on platforms, people and collaboration. Nigeria’s advertising industry is undergoing one of its most profound philosophical shifts in decades, with regulators and government leaders increasingly

Senior global investment bankers from Goldman Sachs International undertook a comprehensive inspection of Dangote Industries Limited’s integrated petroleum refinery, petrochemicals, and fertilizer facility in Lekki, Lagos, on Wednesday, August 5, 2026. ​The delegation was headed by Anthony Gutman, Co-Chief Executive Officer of

By Ebere Melum-Nwogbo The World Bank Group has announced the 31-month debarments of United Aviation Services Limited (UNASEL), a transportation services company based in Nigeria, and Air Vice Marshal Alkali Mamu, its owner and president, “in connection with fraudulent practices under the

The Owerri Chamber of Commerce, Industry, Mines and Agriculture (OCCIMA), led by its President, Chief Charles Okeke, paid a courtesy visit to the Imo State Internal Revenue Service (IIRS). They were received by the Executive Chairman of IIRS, Justice R. Okoye (FCA).

The Bank of Industry, through BOI Financing SPV Plc, has opened subscriptions for its inaugural Series 1 Fixed Rate Bond worth up to N250bn under its $1bn multi-currency instruments programme, seeking to raise long-term capital to finance businesses across Nigeria’s priority sectors.

Nigeria could gain an estimated $2.5 billion in additional public revenue annually if a proposed United Nations-backed overhaul of global corporate taxation is adopted. The proposal seeks to ensure that multinational companies pay taxes in countries where they conduct significant economic activities,

A growing debate over Africa’s energy future has emerged following a clash between the Energy Week Petroleum Conference (EWPC) and Africa Energy Week (AEW) over competing approaches to the continent’s energy development. The disagreement has drawn attention to questions about who should

Billionaire investor and Group Chairman of First HoldCo Plc, Femi Otedola, has declared his intention to acquire a controlling stake of over 51% in the financial services conglomerate, reinforcing his long-term commitment to Nigeria’s oldest banking group. ​The announcement follows a series